WES - Western Midstream Partners, LP

NYSE - NYSE Delayed Price. Currency in USD
31.08
-0.07 (-0.22%)
At close: 4:02PM EDT
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Previous Close31.15
Open31.15
Bid24.88 x 800
Ask0.00 x 1400
Day's Range30.97 - 31.54
52 Week Range25.89 - 37.69
Volume255,214
Avg. Volume804,398
Market Cap14.079B
Beta (3Y Monthly)0.86
PE Ratio (TTM)20.76
EPS (TTM)1.50
Earnings DateJul 30, 2019
Forward Dividend & Yield2.47 (7.94%)
Ex-Dividend Date2019-07-30
1y Target Est37.15
Trade prices are not sourced from all markets
  • PR Newswire6 days ago

    Western Midstream Announces Second Quarter 2019 Distribution And Schedules Earnings Conference Call

    HOUSTON , July 18, 2019 /PRNewswire/ -- Western Midstream Partners, LP (NYSE: WES) ("WES" or the "Partnership") announced today that the board of directors of its general partner declared ...

  • GuruFocus.com12 days ago

    C V Starr & Co Inc Buys Western Midstream Partners LP, Sells Western Midstream Partners LP

    New York, NY, based Investment company C V Starr & Co Inc (current portfolio) buys Western Midstream Partners LP, sells Western Midstream Partners LP during the 3-months ended 2019Q2, according to the most recent filings of the investment company, C V Starr & Co Inc. Continue reading...

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    Analyzing MLPs With Solid Total Return Potential

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  • Sunoco (SUN) Hits 52-Week High: What's Behind the Uptrend?
    Zacks16 days ago

    Sunoco (SUN) Hits 52-Week High: What's Behind the Uptrend?

    Being one of the largest motor fuel distributors in the wholesale market in terms of volume, Sunoco (SUN) is likely to maintain share price momentum on the back of multiple tailwinds.

  • PR Newswire23 days ago

    Saddlehorn Pipeline to Expand and Add New Ft. Laramie Origin, Launches Open Season

    TULSA, Okla. , July 1, 2019 /PRNewswire/ -- Saddlehorn Pipeline Company, LLC ("Saddlehorn") announced today a capital-efficient expansion of the Saddlehorn pipeline and a new Ft. Laramie, Wyoming ...

  • Occidental's $9 Billion Invitation to Carl Icahn
    Bloomberg27 days ago

    Occidental's $9 Billion Invitation to Carl Icahn

    (Bloomberg Opinion) -- That Carl Icahn: Give him an inch and he’ll take four board seats. Try to, anyway.Late on Wednesday, the veteran corporate gadfly filed a preliminary proxy statement on Occidental Petroleum Corp. He wants to gather together a fifth of the company’s stockholders of record to force the board to fix a date to determine who can participate in a consent solicitation, akin to a virtual shareholder meeting. Get that done, and Icahn wants to nominate four new directors and ease what he regards as onerous by-laws that make it hard for shareholders to shake things up at Oxy.Icahn’s beef with Oxy is that it overpaid for Anadarko Petroleum Corp. and took expensive financing from Warren Buffett in order to avoid letting its own shareholders have a say. He has a point. Oxy raised its bid (against itself) when Brent crude was still above $70 a barrel, and taking Berkshire Hathaway Inc.’s $10 billion was aimed squarely at avoiding a vote by Oxy’s own investors. In that context, even the opener to Oxy’s boilerplate response to Icahn’s filing rings a little hollow:We maintain an open dialogue with all our shareholders and welcome constructive input toward our shared goal of maximizing long-term value. Icahn’s real opening, however, is what the Anadarko saga has done to Oxy’s stock, the worst-performing large-cap U.S. oil and gas producer this year. Relative to the Energy Select Sector SPDR Fund, Oxy is down about 19% since April 11, just before Chevron Corp.’s rival offer for Anadarko became public. That translates to more than $9 billion of value lost because of a deal touting billions in annual synergies:Worse, Chevron’s discipline, in keeping with the investor zeitgeist, has been rewarded: Its value has risen by more than $10 billion in relative terms. Whether or not Icahn can pull off his tricky maneuver against the board, his presence and special brand of rhetoric will keep the spotlight on all this. Oxy is rumored to be marketing some of Anadarko’s stake in its pipelines business, Western Midstream Partners LP, which would let it realize some cash and deconsolidate the subsidiary’s debt. Given the relative complexity of the deal – reportedly selling part of a stake in a listed entity – and Oxy’s clear motivation to reduce its pro-forma leverage, the company will have its work cut out to realize full value. Not doing so, however, would add to the sense that winning Anadarko has exacted a heavy cost in capital terms. And one motivated shareholder, in particular, will be watching very closely.To contact the author of this story: Liam Denning at ldenning1@bloomberg.netTo contact the editor responsible for this story: Mark Gongloff at mgongloff1@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Liam Denning is a Bloomberg Opinion columnist covering energy, mining and commodities. He previously was editor of the Wall Street Journal's Heard on the Street column and wrote for the Financial Times' Lex column. He was also an investment banker.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.

  • Occidental reportedly considers selling Anadarko's stake in MLP
    American City Business Journals28 days ago

    Occidental reportedly considers selling Anadarko's stake in MLP

    The master limited partnership completed a consolidation and a $4 billion drop-down deal earlier this year.

  • Why Buffett Is Betting $10 Billion on Occidental in the Anadarko Bidding War
    Investopedia29 days ago

    Why Buffett Is Betting $10 Billion on Occidental in the Anadarko Bidding War

    The deal would give Berkshire added exposure to energy along with $800 million in yearly dividend payouts.

  • Thomson Reuters StreetEventslast month

    Edited Transcript of WES earnings conference call or presentation 26-Jul-17 4:00pm GMT

    Q2 2017 Western Gas Partners LP and Western Gas Equity Partners LP Earnings Call

  • PR Newswire3 months ago

    Western Midstream Announces First-Quarter 2019 Results

    HOUSTON , April 30, 2019 /PRNewswire/ -- Western Midstream Partners, LP (NYSE: WES) ("WES" or the "Partnership") today announced first-quarter 2019 financial and operating results. ...

  • Moody's3 months ago

    Maryland Industrial Development Financ. Auth. -- Moody's reviews Occidental Petroleum's ratings for downgrade

    Moody's Investors Service (Moody's) placed all ratings of Occidental Petroleum Corporation (OXY) under review for downgrade, including its A3 senior unsecured debt rating and its P-2 commercial paper rating. OXY has proposed issuing 0.6094 new shares and $38.00 cash for each share of Anadarko, resulting in overall consideration that is 50% equity and 50% cash.

  • Were Hedge Funds Right About Dumping Western Gas Partners, LP (WES)?
    Insider Monkey3 months ago

    Were Hedge Funds Right About Dumping Western Gas Partners, LP (WES)?

    There are several ways to beat the market, and investing in small cap stocks has historically been one of them. We like to improve the odds of beating the market further by examining what famous hedge fund operators such as Jeff Ubben, George Soros and Carl Icahn think. Those hedge fund operators make billions of […]

  • PR Newswire3 months ago

    Western Midstream Announces First Quarter 2019 Distribution And Schedules Earnings Conference Call

    HOUSTON, April 19, 2019 /PRNewswire/ -- Western Midstream Partners, LP (WES) announced today that the board of directors of its general partner declared a quarterly cash distribution of $0.610 per unit for the first quarter of 2019. The Partnership plans to report its first-quarter 2019 results after the market closes on Tuesday, April 30, 2019. Management will host a conference call on Wednesday, May 1, 2019, at 8 a.m. CDT (9 a.m. EDT) to discuss the quarterly results.

  • Moody's3 months ago

    Western Gas Partners, LP -- Moody's affirms Chevron's Aa2 ratings, outlook changed to stable

    NOTE: On April 17, 2019, the press release was corrected as follows: The methodology paragraph was changed to: “The principal methodology used in rating Chevron Corporation, Chevron Canada Funding Company, Chevron Capital U.S.A. Inc., Chevron Funding Corporation, and Texaco Capital Inc. was Global Integrated Oil & Gas Industry published in October 2016. The principal methodology used in rating Anadarko Petroleum Corporation, Kerr-McGee Corporation, Anadarko Finance Company, and Union Pacific Resources Group Inc. was Independent Exploration and Production Industry published in May 2017.

  • Western Gas Partners (WES) Jumps: Stock Rises 8.4%
    Zacks3 months ago

    Western Gas Partners (WES) Jumps: Stock Rises 8.4%

    Western Gas Equity Partners (WES) saw a big move last session, as its shares jumped more than 8% on the day, amid huge volumes.

  • How Will the Anadarko Acquisition Benefit Chevron?
    Market Realist3 months ago

    How Will the Anadarko Acquisition Benefit Chevron?

    A Surprise Megadeal: Chevron to Acquire Anadarko(Continued from Prior Part)Anadarko acquisitionChevron (CVX) has agreed to acquire Anadarko (APC) in a cash and equity deal. The transaction is expected to close in H2 2019, subject to requisite

  • Western Midstream Partners: Analysts’ Views
    Market Realist3 months ago

    Western Midstream Partners: Analysts’ Views

    Five MLPs with Strong Total Return Potential(Continued from Prior Part)Western Midstream PartnersWestern Midstream Partners (WES) offers a solid potential upside of more than 30% compared to its current market price of $31.85. Analysts have

  • This Little-Known High-Yield Stock Is Starting to Look Very Attractive
    Motley Fool4 months ago

    This Little-Known High-Yield Stock Is Starting to Look Very Attractive

    With its simplification transaction complete, the newly named Western Midstream Partners looks like a compelling option for income-seeking investors.

  • Midstream Underperformed the Energy Space Last Week
    Market Realist4 months ago

    Midstream Underperformed the Energy Space Last Week

    Energy Sector Highlights Last Week(Continued from Prior Part)Energy stocks In the week ending March 15, upstream stock Laredo Petroleum (LPI) fell the most among the energy stocks under review in this series, which include the following ETFs: the

  • Anadarko MLPs complete consolidation, $4B acquisition
    American City Business Journals5 months ago

    Anadarko MLPs complete consolidation, $4B acquisition

    The Woodlands-based Western Gas Equity Partners LP (NYSE: WGP) and Western Gas Partners LP (NYSE: WES) — master limited partnerships formed by Anadarko Petroleum Corp. (NYSE: APC) — completed their previously announced consolidation and changed their names on Feb.

  • PR Newswire5 months ago

    Western Gas Completes Simplification and Acquisition Transactions

    Western Gas Equity Partners, LP Renamed Western Midstream Partners, LP; Will Trade Under NYSE Ticker "WES" HOUSTON , Feb. 28, 2019 /PRNewswire/ -- Western Gas Equity Partners, LP ("WGP") ...

  • Western Gas Partners, LP Unitholders Approve Merger with Western Gas Equity Partners, LP
    PR Newswire5 months ago

    Western Gas Partners, LP Unitholders Approve Merger with Western Gas Equity Partners, LP

    Combined partnership's common units to trade under ticker symbol "WES" HOUSTON , Feb. 27, 2019 /PRNewswire/ -- Western Gas Equity Partners, LP (NYSE:WGP) and Western Gas Partners, LP (NYSE:WES) ...

  • PR Newswire5 months ago

    Western Gas Partners Expected to Be Removed from the Alerian Index Series

    DALLAS , Feb. 26, 2019 /PRNewswire/ -- Alerian announced today that Western Gas Partners (NYSE: WES) is expected to be removed from the Alerian Midstream Energy Index (AMNA), Alerian US Midstream Energy ...

  • GlobeNewswire5 months ago

    Report: Exploring Fundamental Drivers Behind TransCanada, Lincoln National, CoreSite Realty, American Software, Western Gas Partners, LP, and AeroVironment — New Horizons, Emerging Trends, and Upcoming Developments

    NEW YORK, Feb. 22, 2019 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.

  • Western Gas Annual Reports Available
    PR Newswire5 months ago

    Western Gas Annual Reports Available

    HOUSTON , Feb. 20, 2019 /PRNewswire/ -- Western Gas Partners, LP (NYSE: WES) and Western Gas Equity Partners, LP (NYSE: WGP) have filed their Annual Reports on Form 10-K for the fiscal year ended December ...